Crowell Development (Taiwan) Market Value
| 2528 Stock | TWD 40.00 0.05 0.12% |
| Symbol | Crowell |
Crowell Development 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Crowell Development's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Crowell Development.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Crowell Development on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Crowell Development Corp or generate 0.0% return on investment in Crowell Development over 90 days. Crowell Development is related to or competes with Delpha Construction, Hung Ching, Da Cin, Hung Sheng, and JSL Construction. Crowell Development Corp. engages in the construction of commercial and residential buildings for rental and sale in Tai... More
Crowell Development Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Crowell Development's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Crowell Development Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 11.38 | |||
| Value At Risk | (3.53) | |||
| Potential Upside | 3.67 |
Crowell Development Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crowell Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crowell Development's standard deviation. In reality, there are many statistical measures that can use Crowell Development historical prices to predict the future Crowell Development's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 0.1536 |
Crowell Development Corp Backtested Returns
Crowell Development Corp secures Sharpe Ratio (or Efficiency) of -0.0315, which signifies that the company had a -0.0315% return per unit of risk over the last 3 months. Crowell Development Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Crowell Development's Risk Adjusted Performance of (0.02), standard deviation of 2.22, and Mean Deviation of 1.41 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Crowell Development are expected to decrease at a much lower rate. During the bear market, Crowell Development is likely to outperform the market. At this point, Crowell Development Corp has a negative expected return of -0.0699%. Please make sure to confirm Crowell Development's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Crowell Development Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Crowell Development Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Crowell Development time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Crowell Development Corp price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Crowell Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 2.49 |
Crowell Development Corp lagged returns against current returns
Autocorrelation, which is Crowell Development stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Crowell Development's stock expected returns. We can calculate the autocorrelation of Crowell Development returns to help us make a trade decision. For example, suppose you find that Crowell Development has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Crowell Development regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Crowell Development stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crowell Development stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crowell Development stock over time.
Current vs Lagged Prices |
| Timeline |
Crowell Development Lagged Returns
When evaluating Crowell Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crowell Development stock have on its future price. Crowell Development autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Crowell Development autocorrelation shows the relationship between Crowell Development stock current value and its past values and can show if there is a momentum factor associated with investing in Crowell Development Corp.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Crowell Stock Analysis
When running Crowell Development's price analysis, check to measure Crowell Development's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crowell Development is operating at the current time. Most of Crowell Development's value examination focuses on studying past and present price action to predict the probability of Crowell Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crowell Development's price. Additionally, you may evaluate how the addition of Crowell Development to your portfolios can decrease your overall portfolio volatility.